The death of Venezuelan President Hugo Chavez in March 2013 marked the end of an era,where he toyed with the idea of pursuing a "third way" to economic growth.

Name: The death of Venezuelan President Hugo Chavez in March 2013 marked the end of an era,where he toyed with the idea of pursuing a "third way" to economic growth.
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The statement is true, as Hugo Chavez did pursue a "third way" to economic growth, which focused on a mix of socialist and capitalist policies.

The Death of Venezuelan President Hugo Chavez in March 2013